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ProSafe to provide Heidrun services

Statoil awarded Procon Drilling Services AS, a subsidiary of ProSafe ASA, the maintenance and modification contract on the North Sea's Heidrun platform. The contract period will last from July 1, 2001, to Dec. 31, 2002. The contract is valued around $11 million. Procon Drilling Services has been working for Statoil on the Heidrun field since 1995. ProSafe is a leading owner and operator of semisubmersible service rigs and the largest platform drilling contractor on the Norwegian continental shelf. ProSafe also is a major player in the floating production market outside the North Sea.